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AB InBev Stock Falls as Altria Announces Plans to Sell Shares in Bud Light Maker
Investopedia ^ | 3/14/2024 | Bill McColl

Posted on 03/17/2024 7:24:08 AM PDT by T.B. Yoits

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To: T.B. Yoits

The Dylan Mulvaney advertisement was released on April Fool’s Day 2023. Nobody realized at the time how appropriate that was. It hasn’t even been a year yet. For those disappointed that the effect wasn’t worse, be patient. That’s an astonishing feat in market disaster already, and it’s young yet.


21 posted on 03/17/2024 9:41:03 AM PDT by Billthedrill
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To: Starboard

“They fear the woke mob.“

Not just fear they are fellow travelers


22 posted on 03/17/2024 9:44:01 AM PDT by gibsonguy
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To: cgbg

You’re so right
Nobody declared a boycott. We just show our displeasure with our pocketbooks.
And we don’t forget.


23 posted on 03/17/2024 9:59:42 AM PDT by TStro (God made all men equal Sam Colt made them polite.)
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To: T.B. Yoits

If I understand it correctly, isn’t this a kind of corporate austerity?

‘The company noted that it expects to use the cash generated to buy back its own shares’

Isn’t it meant to protect the company from outsiders, financially and governance wise?


24 posted on 03/17/2024 10:23:56 AM PDT by ro_dreaming (Who knew "Idiocracy", "1984", "Enemy of the State", and "Person of Interest" would be non-fiction?)
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To: T.B. Yoits
And bring back St. Pauli Girl! Buncha dumbasses.


25 posted on 03/17/2024 10:41:25 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: ro_dreaming
Yes, Altria is protecting itself from outsiders by buying back their own shares.

They swallowed the poison pill of Transheuser-Busch / InBev for $25B back in 2016. That stock is trading at less than half that price, forcing Altria to sell some at a loss to keep themselves from getting taken over.

It's as though the wokeness is intentional; to lower the stock value and weaken the companies that owned stock, and then buy the stockholder companies' shares at a reduced price.

26 posted on 03/17/2024 10:44:03 AM PDT by T.B. Yoits
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To: ComputerGuy

Hmmm.
I guess queers don’t drink enough beers.
ButtWeyzer


27 posted on 03/17/2024 2:19:48 PM PDT by Honest Nigerian
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To: T.B. Yoits

The world of homo-ism will never be happy with keeping their depravity and perversion a secret. They want to put it on display and be affirmed.
We, the people, have to be able to voice our own opinion. It is nice to know that it has made a difference.
I hope DillMan MulVanity is crying like a little girl. The empowerment of these clowns with mental illness is alarming.


28 posted on 03/17/2024 2:31:05 PM PDT by Honest Nigerian
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To: T.B. Yoits

Not a boycott. A re-branding. PPL aren’t going back.


29 posted on 03/17/2024 3:05:24 PM PDT by Justa
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